Tag: Trump administration

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US removes Xiaomi’s designation as a Communist Chinese Military Company

Xiaomi, one of China’s high-profile tech firms that fell in the crosshairs of the Trump administration, has been removed from a U.S. government blacklist that designated it as a Communist Chinese Military Company. The U.S. District Court for the District of Columbia has vacated the Department of Defence’s designation of Xiaomi as a CCMC in…
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26 May 2021 0

ByteDance CFO assumes role as new TikTok CEO

Eight months after former TikTok CEO Kevin Mayer quit in the midst of a full-court press from the Trump administration against the Chinese-owned social media giant, TikTok finally has a new permanent leader. ByteDance’s recently-hired CFO Shouzi Chew will be assuming the role as TikTok CEO while still holding the CFO role at its parent…
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30 April 2021 0